Tag Archives: S&P 500 Futures
A.M. Look 2/13/12
Levels of note today are the previous highs in the OIL…100.30-50 Spu’s…1252.70, Aussie…108.50 Platinum…1674.50 All new sustained price action above these levels is needed for another leg up. Model Trading Portfolio…Current Holdings ………………Stop Close Profit Points Long … Continue reading
Russell 2000 Mini Continuation
Presently the Russell shows a potential 5 day Island Top. An 81800 print negates the pattern. S&P 500 needs late day recovery higher on the week, back over 1339-40 to run the shorts out. It’s all about who will be … Continue reading
A.M. Look 2/10/12
30 Yr. Bonds…We currently have a double top and a double bottom on the Monthly Bond Chart. 140.22 (H) Futures is the bottom level currently in play. Closing below this level, coupled with sustained price action below 140.22, would have us … Continue reading
A.M. Look 2/9/12
The short term technical trades continue. Sector rotation remains violent intra day, with the Stock Indices continuing to creep up. 30 yr. Bonds…probed the lows of the recent range last night. Any sell off in the equities would see this … Continue reading
Gold…Spu’s…OIL
Gold is trying to decide it’s direction. It just retested the reversal close from yesterday of 1742. This is a mandatory hold level for the Bulls. Price action back under 1738 should be construed as negative. All new sustained strength … Continue reading
TLT…STOP…SPU “Pattern Alert”
We’ve been using a 116.50 stop close in the TLT. Our original buys were around 115.50 In the TLT ( 140.27 in the Futures) While the SPU/BOND spread continues on it’s merry way, we sold a good chunk of the … Continue reading
Emerging Markets…India…Pattern Alert…General Comments
Today’s low in PIN is the a retest of the 200 day mvg avg. EPI…the 200 day is 19.87 Investors looking to diversify or playing in this pond, manage your risk against these #’s. Closing under these levels would be … Continue reading
A.M. Look 2/2/12
This market remains a stock pickers paradise. The dating process has found the partners remain somewhat fickle. Good on the first date, not so good the next… The stock rotation makes it tough, with most instruments being an Island unto … Continue reading
A.M. Look 2/1/12
General Execution Note… Most of you are at your screens for the first few minutes of trading everyday, regardless of your day job. When an instrument is up 5% just after the opening, and 10% in a couple of trading … Continue reading